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Carried Interest Debate Heats Up Without Much Light

Carried Interest Debate Heats Up Without Much Light

The “carried interest” debate seems to be heating up again and it has me aggravated.  Lynn Forester de Rothschild did a piece in the New York Times titled Carried Interest – A Costly And Unjust Perk for Financiers: Of the many injustices that...
Ellen DeGeneres Speaks Out For Spanish-American War Widowers

Ellen DeGeneres Speaks Out For Spanish-American War Widowers

There are two gay marriage cases being argued before the Supreme Court at the end of the month.  You can get most of the amicus briefs on Hollingsworth v Perry, which concerns whether the 14th Amendment prevents California from defining marriage as only between a man...
Time To Eliminate Joint Filing ?

Time To Eliminate Joint Filing ?

Over the last few years I’ve come to think that joint returns for married couples are not such a hot idea.  One reason is all the innocent spouse cases I read and sometimes write about.  The other is the drama over DOMA.  Being able to file a joint return is...
What Were They Thinking ?

What Were They Thinking ?

When a business has trouble paying its bills, the optimistic view is that  it is having a cash flow problem. The other possibility is that it is a profitability problem.  The apocryphal brothers who bought a truck and bought apples in the country for five cents, which...